S-REITs posts negative return in August
Total returns of S-REITs were at -2.5%.
Singapore’s Real Estate Investment Trusts (REITs) ended August with -2.5% in total returns.
The total returns for August translate to a drop from July when the iEdge S-REIT Index returned 1.8%.
The August returns bring the year-to-date total returns of S-REITS to 1.3%.
SGX also reported that retail investors net bought $187.7m of S-REITs, whilst institutional investors net sold $94.3m in August.